CROSS-BORDER SHARE SWAPS MADE EASIER THROUGH AMENDMENTS TO INDIA’S FOREIGN EXCHANGE REGULATIONS
The Indian government has recently notified the Foreign Exchange Management (Non-Debt Instruments) (Fourth Amendment) Rules, 2024 (the “Amendment Rules”) to amend the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (the “NDI Rules”). This update delves into some important changes on share swaps and clarifications introduced by the Amendment Rules. Key changes (i) Equity swaps by …
New Regulations and Potential Laws on Foreign Income Tax in Thailand
Recent developments in Thailand’s tax laws signal a shift in how foreign income will be taxed for individuals residing in the country.
Mastering Document Production in Arbitration: Key Steps and Pitfalls
In the realm of arbitration, where disputes are resolved outside traditional courtrooms, the exchange of documents can be essential for ensuring fairness and efficiency.
How Can a Mother Protect Her Children from an Abusive Father in the UAE?
Introduction: In the context of domestic abuse, particularly where children are involved, mothers in the UAE have robust legal avenues to protect themselves and their children.
Understanding Small Business Relief: Key Provisions of the UAE Corporate Tax Law
Introduction: The introduction of the Small Business Relief under Article 21 of the UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022) aims to support small businesses by exempting them from corporate tax obligations,
Understanding UAE Guidelines for Reporting Hate and Discrimination Incidents
Introduction: The UAE has established a comprehensive legal framework under Federal Decree-Law No. 34/2023 on Combating Discrimination, Hatred, and Extremism.
Changes to the UK’S Special Tax Regime for Foreign Income and Gains
With much uncertainty surrounding the end to the non-domicile regime, Helen McGhee and Lynnette Bober provide a helpful summary of the (currently) anticipated changes.
Amendments to the Large Shareholding Reporting System
I. Introduction The large shareholding reporting system in Japan (the “Large Shareholding Reporting System”) was introduced in 1990, and has not been the subject of significant amendment since 2006.
IP Licensing and Insolvency – Recent Developments in the Protection of Licensees and Remaining Issues under Japanese Law
I. Introduction For a licensee, the sudden termination of an IP license agreement, whether in whole or in part, can be tantamount to a withdrawal from the licensee’s business.
Spain’s Expanding Role in Brazil: Trade and Investment Insights
Spanish trade and investments in Brazil have grown significantly, solidifying Spain’s position as a major foreign investor in the country.